-
Analysts at Danske Bank raised their forecast for the EUR/GBP pair, and now they see the cross at 0.87 in three months, 0.89 in six months and 0.84 in twelve months.
“Brexit uncertainty remains high and there is still a real possibility of a no-deal Brexit at 31 December 2020, if the EU27 and the UK cannot strike a deal on the future relationship after the transition period. Our baseline scenario remains one of further weakness in UK macroeconomic data.”
“We changed our GBP forecast profile in early January and leave 3-12M forecasts unchanged here; we target the cross at 0.87 in both 1M and 3M on a further repricing of the Bank of England and a weak economy. Further out, we believe impatience and a looming no-deal Brexit risk will send EUR/GBP higher to 0.89 in 6M. Our Brexit base case is a simple free-trade agreement and when this is in sight, we expect EUR/GBP to move back towards 0.84 in 12M.”
“If we see a strong rebound in UK confidence, investors could start pricing in our base case of a rate cut, thus sending sterling higher. Other risk factors include more positive developments in the upcoming Brexit talks and a greater-than-expected immediate positive impact of expansionary fiscal policy on economic growth.”
-
Forex is the greatest trading website to earning huge profits.
So all of friends join forex trading and earn good. I have use some good indicators to earn good profit. These indicators are
RSI
Zigzag
If indicator shows markit going up you trade on buy and if indicator shows markit going down you trading on sell to earn good profit. So forex trading is a good earning website.
-
0.85091
gbp
−0.00046 (−0.05%)
market open (jan 17 07:37 utc-5)
0.85137
prev
0.85137
open
91.964k
volume
0.84871 — 0.85329
day's range
-
Eur/Gbp
Resistance level
1.Resistance level 0.8567
2.Resistance level 0.8590
3.Resistance level 0.8604
Supporting level
1.Supporting level 0.8534
2.Supporting level 0.8546
3.Supporting level 0.8493
-
Pivot, Resistance Levels and Support Levels for
EUR / GBP For Stop Loss and Trading Targets
Calculation For Trading:
Resistance Level (R3): 0.859
Resistance Level (R2): 0.857
Resistance Level (R1): 0.855
Pivot Point: 0.853
Support Level (S1): 0.850
Support Level (S2): 0.848
Support Level (S3): 0.845
-
i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
👑 Post achi lagay tu thanks per click kren 🎀
-
i express my opinion about this pair..
As All of you know that . this trading pair is too good for best tradong is pair . this trading pair gives us lot of experience. . by the trading in this pair we will be able to earn large profit .its all becouse of its movement. after the understanding of pro EMA trading analysis. its all candle pre-inform you about future movement.
95% chances of profit aftar analysis of these indicators So i am always refer the indicator for analysis ... .
i suggest you this analysis indicater for 95% chances...
goodluck..
pair and that according to the green color shown by the Bollinger Bands indicator determining by that the main market direction A buy signal is indicated from the Simple Moving Average indicator and that is by giving us buy signal t his pair can continue bullish trend now current price at and strong support at level in hourly time frame there is possible chance price will move to up side
👑 Post achi lagay tu thanks per click kren 🎀
-
Time Frame - 4 Hour
Currency pair - EUR/GBP
Buy @ - 0.8510
Stop Loss - 0.8443
Take Profit - 0.8577
Risk reward ratio - 1 : 3
The pair may go bullish and possible retracement uptrend. Buy dips sell high.
-
resistance ko todta hai to ese khridna chahiye. but mujhe lagata hai ki yahaa se eska girna suru hoga. we can become rich from forex trading if we can trade with the right understanding of the marke
-
EUR/GBP
Pivot point, Resistance level and support level is most important to understand before trading. Resistance Level shows markit is going up so buy is best for traders and Support Level shows market is going down so it is best for sell trading.
The support and resistance level educate us for markit trading up or down so we can trade sell or buy and get huge benefit in trading.
We also know about the movement of price up and down in down because of news. News of donald trump is most important. About USA and Chaina trades.
I have also make trading about these analysis of moving arevages. Parabolic SR.
